Dealer auction sales were buoyed by an influx of trade-ins in April stemming from consumer pre-buy activity in anticipation of higher prices due to tariffs. Graphic: AuctionNet AuctionNet wholesale auction sales reached 601,300 vehicles in May, up 3.5% from last May (selling day adjusted), according to monthly figures released June 12 from AuctionNet. While up,… Continue reading Auction Sales Slowed Pace of Increases in May
Author: Auto Rental International Online News
2025 ICRS Interview Series: The Pillars of Future Transportation
June 13, 2025 Newsmaker Interviews Episode 2: ICRS 2025 closing keynoter Lukas Neckermann, managing director of Neckermann Strategic Advisors, connects the potential of #autonomoustechnology, mobility , electrification, fleets, and car rental to spur the next revolution in automotive transportation. ⏰ Topics Covered Electrification and Fleets Corporate Rental Fleet in Europe State of Vehicle Autonomy ➡️For… Continue reading 2025 ICRS Interview Series: The Pillars of Future Transportation
Privacy4Cars Taps AI Method to Score Data Privacy in Vehicles
Privacy4Cars, a technology company that develops tools to protect data privacy and secure vehicle data for automotive businesses, recently received a new federal patent for its system and method that rates vehicles on data privacy. Awarded by the U.S. Patent Office, the patent marks the first AI method on record to score privacy in vehicles.… Continue reading Privacy4Cars Taps AI Method to Score Data Privacy in Vehicles
AI Redefining Vehicle Inspections
The CAR panel on AI-driven vehicle inspections included: Dustin Cruz, vice president of operations of OPENLANE; Raj Pofale, founder and CEO of Claim Genius; Kevin Kostuk, co-founder and director of Ariaal; John Coles, vice president of data science and analytics at ACV Auctions; and moderator Dan Kennedy of DAK Consulting. Photo: Ross Stewart / Stewart… Continue reading AI Redefining Vehicle Inspections
Volkswagen Updates MY2026 Lineup
The VW Tiguan SEL Turbo sports a new and improved evo5 engine. Photo: Volkswagen Select Volkswagen models for 2026 will hit showrooms in August equipped with new features, refreshed styling, and upgraded technology. Other models will be arriving through the early part of next year. VW has updated its entire lineup during the last two… Continue reading Volkswagen Updates MY2026 Lineup
TSD Mobility, Canopy Connect Partner to Ease Insurance Verification
TSD president Shawn Concannon said rental car operations can achieve greater consistency in verifying car renters’ insurance levels. Photo: TSD Mobility TSD Mobility Solutions, a global software provider for rental car companies and automotive dealerships, and Canopy Connect, an insurance verification service, have joined to create an efficient and reliable way to verify a renter’s provided… Continue reading TSD Mobility, Canopy Connect Partner to Ease Insurance Verification
Car Rental Market Resilient Amid Economic Challenges
The report, the first in a quarterly series from the B2B technology provider for car rental operations, highlights several key trends shaping the industry, from booking patterns to payment preferences. Graphic: CarTrawler CarTrawler has released its Car Rental Market Monitor for the first quarter of 2025, revealing a sector that thrives even against well-publicized headwinds. The… Continue reading Car Rental Market Resilient Amid Economic Challenges
2025 ICRS Interview Series: What’s New at the American Car Rental Association
June 6, 2025 New executive director Don Lefeve discusses his first International Car Rental Show experience and the American Car Rental Association’s federal legislative plans for this year in an interview with Auto Rental News editor Martin Romjue. Learn why both have big shoes to fill in the coming year. Topics Include: ➡️ For more… Continue reading 2025 ICRS Interview Series: What’s New at the American Car Rental Association
May Fleet Sales Flat, Year-to-Date Total Dips
Commercial, rental, and government fleet sales in May totaled 216,917 vehicles, flatlining at a minuscule 0.1% increase from 216,378 vehicles sold in May 2024, according to Bobit Business Media fleet numbers released on June 5. However, those numbers rose monthly compared to April 2025, which had fleet sales at 207,582 vehicles, up 2.6% compared to… Continue reading May Fleet Sales Flat, Year-to-Date Total Dips
A Summer of Travel Uncertainty Beckons
The study forecasts trends for June 1 to Aug. 31 in what looks like an uncertain summer as some travelers may either pull back on spending and/or avoid travel to the U.S. Photo: Darkmoon_Art / Pixabay Amid tariff burdens and more international travelers revolting against U.S. visits this summer, rental car operators will need to… Continue reading A Summer of Travel Uncertainty Beckons